Circus Education Specialists Inc

Analysis

Circus Education Specialists Inc is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Circus Education Specialists Inc reported income of $486k and spending of $530k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $554k to $486k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Circus Education Specialists Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Covenant Ballet Theatre of Brooklyn Inc ($486k), Broadway Education Alliance Inc ($486k) and Decimania Inc ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $131k (25% of expenses). Other salaries and wages came to $244k. At year end it held assets of $95k against liabilities of $7,155, net assets of $88k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.